YM Traders
- Thread starter volente_00
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The EliteTrader chat is open for business, at an insanely low cost at unbelievable reduced prices for only $9.99 per minute.
Please make checks payable to JMowery
Join now, and you get your first minute half off!
Please make checks payable to JMowery
Join now, and you get your first minute half off!
No news is good news?
I'm off to bed, but wouldn't mind seeing some P&L like old times, or has it all moved to the trader thread or personal journals.
Anyways, i'm off to sleep, been insanely busy, but hopefully everyone else is doing well in trading.
Good luck tomorrow.
I'm off to bed, but wouldn't mind seeing some P&L like old times, or has it all moved to the trader thread or personal journals.
Anyways, i'm off to sleep, been insanely busy, but hopefully everyone else is doing well in trading.
Good luck tomorrow.
BTW, be sure to vote in the poll I created *In this specific forum*, trying to see what the members of ET average in daily P&L. If anything, a good time waster and would only take a few seconds.
I'd be interested in seeing some honest and good results in the poll.
I'd be interested in seeing some honest and good results in the poll.
1) Monday I filed a grievance with the traders Union- they said they would take up my grievance and act on it 'swiftly' and 'in a timely manner'. What a lot of you posters don't know is that when you click that link to join this site your IP is recorded. This tells the site your IP, IP add, your browser, your city and state. One call to your IProvider is all it takes to get your address- street and number. From there an investigation begins as to who and when used that computer and for what reason. In 15 minutes police could be knocking at your door. In 20 minutes you could be in 'cuffs or being served a subpeona. Its that easy, that simple.
2) I was asked in a PM why my position wasn't automatically stopped out by my broker when it was down about 175 points. Answer is that I don't trade all the contracts I could trade. For example, a 20K account would let me trade 8 or so overnite. Yet my position would be partially liquidated if it fell 4K. Now if Im trading 2 contracts and am down 200 points (2K), I can suffer thru the drawdown no problem, especially when I am playing with profits and not strictly my initial starting stake.
A 10% temporary drawdown is nothing especially whe a trader is up 40 or 50% already; and when that trader is not overleveraged.
3) still holding long position from 10913. Let's see what happens after this Fed meeting/decision. As I said before, my system shows a higher value (above 11000) by the 2nd week of January.
4) even if I were to take a 130 point loss here, my profits on my 13 posted trades on this thread would be about 500 points.
blackguard
2) I was asked in a PM why my position wasn't automatically stopped out by my broker when it was down about 175 points. Answer is that I don't trade all the contracts I could trade. For example, a 20K account would let me trade 8 or so overnite. Yet my position would be partially liquidated if it fell 4K. Now if Im trading 2 contracts and am down 200 points (2K), I can suffer thru the drawdown no problem, especially when I am playing with profits and not strictly my initial starting stake.
A 10% temporary drawdown is nothing especially whe a trader is up 40 or 50% already; and when that trader is not overleveraged.
3) still holding long position from 10913. Let's see what happens after this Fed meeting/decision. As I said before, my system shows a higher value (above 11000) by the 2nd week of January.
4) even if I were to take a 130 point loss here, my profits on my 13 posted trades on this thread would be about 500 points.
blackguard
It must be tough living in a parallel universe.
And with the increasingly faster turnaround time in the industry, they guarantee a conviction by sundown and an execution by dawn, or your money back.